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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Urban Edge Properties LP
Urban Edge Properties LP
Accumulated Earnings (Deficit)
Urban Edge Properties LP
NCI in Consolidated Subsidiaries
Urban Edge Properties LP
General Partner
Urban Edge Properties LP
Limited Partners
Common Shares
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Earnings (Deficit)
Operating Partnership
NCI in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2020         117,014,317 4,729,010 117,014,317          
Beginning balance at Dec. 31, 2020 $ 995,893 $ 995,893 $ (42,313) $ 5,872 $ 991,032 $ 41,302 $ 1,169 $ 989,863   $ (39,467) $ 38,456 $ 5,872
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) attributable to common shareholders/unitholders 32,467 33,926 33,926             32,467    
Net income (loss) attributable to NCI 1,230 (229)   (229)             1,459 (229)
Common units issued as a result of common shares issued by Urban Edge (in shares)         36,082 747,135            
Common units issued as a result of common shares issued by Urban Edge   (184) 104   $ (288)              
Units redeemed for common shares (in shares)         100,000 (100,000) 100,000          
Units redeemed for common shares 840 840     $ 840   $ 0 840        
Reallocation of NCI (840) (840)     (1,688) $ 848   (1,688)     848  
Common shares issued (in shares)             36,082          
Common shares issued 184           $ 1 287   (104)    
Dividends to common shareholders (35,053)                 (35,053)    
Distributions to redeemable NCI (1,441)                   (1,441)  
Distributions to Partners   (36,494) (36,494)                  
Contributions from noncontrolling interests 511 511   511               511
Share-based compensation expense 5,409 5,409     $ 1,163 $ 4,246   1,163     4,246  
Share-based awards retained for taxes (in shares)         (13,062)   (13,062)          
Share-based awards retained for taxes (210) (210)     $ (210)     (210)        
Ending balance (in shares) at Jun. 30, 2021         117,137,337 5,376,145 117,137,337          
Ending balance at Jun. 30, 2021 998,990 998,990 (44,985) 6,154 $ 991,425 $ 46,396 [1] $ 1,170 990,255   (42,157) 43,568 6,154
Beginning balance (in shares) at Mar. 31, 2021         117,026,289 5,352,644 117,026,289          
Beginning balance at Mar. 31, 2021 1,001,370 1,001,370 (39,827) 6,304 $ 988,688 $ 46,205 [1] $ 1,170 987,518   (37,145) 43,523 6,304
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) attributable to common shareholders/unitholders 12,547 13,131 13,131             12,547    
Net income (loss) attributable to NCI 434 (150)   (150)             584 (150)
Common units issued as a result of common shares issued by Urban Edge (in shares)         11,799 123,501            
Common units issued as a result of common shares issued by Urban Edge   (183) 21   $ (204)              
Units redeemed for common shares (in shares)         100,000 (100,000) 100,000          
Units redeemed for common shares 840 840     $ 840   $ 0 840        
Reallocation of NCI (840) (840)     1,129 $ (1,969) [1]   1,129     (1,969)  
Common shares issued (in shares)             11,799          
Common shares issued 183           $ 0 204   (21)    
Dividends to common shareholders (17,538)                 (17,538)    
Distributions to redeemable NCI (730)                   (730)  
Distributions to Partners   (18,268) (18,268)                  
Share-based compensation expense 2,726 2,726     $ 566 $ 2,160 [1]   566     2,160  
Share-based awards retained for taxes (in shares)         (751)   (751)          
Share-based awards retained for taxes (2) (2)     $ (2)     (2)        
Ending balance (in shares) at Jun. 30, 2021         117,137,337 5,376,145 117,137,337          
Ending balance at Jun. 30, 2021 $ 998,990 $ 998,990 (44,985) 6,154 $ 991,425 $ 46,396 [1] $ 1,170 990,255   (42,157) 43,568 6,154
Beginning balance (in shares) at Dec. 31, 2021 117,147,986 117,147,986         117,147,986          
Beginning balance (in shares) at Dec. 31, 2021         117,147,986 4,662,654            
Beginning balance at Dec. 31, 2021 $ 1,047,894 $ 1,047,894 (8,505) 12,946 $ 1,002,423 $ 41,030 $ 1,170 1,001,253 $ 0 (7,091) 39,616 12,946
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) attributable to common shareholders/unitholders 21,112 22,005 22,005             21,112    
Net income (loss) attributable to NCI 431 (462)   (462)             893 (462)
Other comprehensive loss (54)               (52) (2) (2)  
Common units issued as a result of common shares issued by Urban Edge (in shares)         51,054 711,839            
Common units issued as a result of common shares issued by Urban Edge   (223) 42   $ (265)              
Units redeemed for common shares (in shares)         250,000 (250,000) 250,000          
Units redeemed for common shares $ 4,248 4,248     $ 2,124 $ 2,124 $ 3 2,121     2,124  
Repurchase of common shares (in shares) 0                      
Reallocation of NCI $ (4,248) (4,248)     (1,505) (2,743)   (1,505)     (2,743)  
Common shares issued (in shares)             51,054          
Common shares issued 223             265   (42)    
Dividends to common shareholders (37,547)                 (37,547)    
Distributions to redeemable NCI (1,555)                   (1,555)  
Distributions to Partners   (39,102) (39,102)                  
Contributions from noncontrolling interests 1,463 1,463   1,463               1,463
Share-based compensation expense 5,097 5,097     $ 659 $ 4,438   659     4,438  
Share-based awards retained for taxes (in shares)         (6,271)   (6,271)          
Share-based awards retained for taxes $ (114) $ (114)     $ (114)     (114)        
Ending balance (in shares) at Jun. 30, 2022 117,442,769 117,442,769         117,442,769          
Ending balance (in shares) at Jun. 30, 2022         117,442,769 5,124,493            
Ending balance at Jun. 30, 2022 $ 1,036,950 $ 1,036,950 (25,646) 13,947 $ 1,003,852 $ 44,849 [2] $ 1,173 1,002,679 (52) (23,568) 42,771 13,947
Beginning balance (in shares) at Mar. 31, 2022         117,430,735 5,003,420 117,430,735          
Beginning balance at Mar. 31, 2022 1,041,133 1,041,133 (18,199) 13,352 $ 1,002,179 $ 43,801 [2] $ 1,173 1,001,006 0 (16,399) 42,001 13,352
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) attributable to common shareholders/unitholders 11,626 12,132 12,132             11,626    
Net income (loss) attributable to NCI 383 (123)   (123)             506 (123)
Other comprehensive loss (54)               (52) (2) (2)  
Common units issued as a result of common shares issued by Urban Edge (in shares)         13,313 121,073            
Common units issued as a result of common shares issued by Urban Edge   (224) 21   $ (245)              
Reallocation of NCI 0 0     1,114 $ (1,114) [2]   1,114     (1,114)  
Common shares issued (in shares)             13,313          
Common shares issued 224             245   (21)    
Dividends to common shareholders (18,774)                 (18,774)    
Distributions to redeemable NCI (782)                   (782)  
Distributions to Partners   (19,556) (19,556)                  
Contributions from noncontrolling interests 718 718   718               718
Share-based compensation expense 2,500 2,500     $ 338 $ 2,162 [2]   338     2,162  
Share-based awards retained for taxes (in shares)         (1,279)   (1,279)          
Share-based awards retained for taxes $ (24) $ (24)     $ (24)     (24)        
Ending balance (in shares) at Jun. 30, 2022 117,442,769 117,442,769         117,442,769          
Ending balance (in shares) at Jun. 30, 2022         117,442,769 5,124,493            
Ending balance at Jun. 30, 2022 $ 1,036,950 $ 1,036,950 $ (25,646) $ 13,947 $ 1,003,852 $ 44,849 [2] $ 1,173 $ 1,002,679 $ (52) $ (23,568) $ 42,771 $ 13,947
[1] Limited partners have a 4.4% common limited partnership interest in the Operating Partnership as of June 30, 2021 in the form of Operating Partnership Units (“OP Units”) and Long-Term Incentive Plan Units (“LTIP Units”).
[2] Limited partners have a 4.2% common limited partnership interest in the Operating Partnership as of June 30, 2022 in the form of OP and LTIP Units.